CHALLENGER LEARNING CENTER OF ORLEANS NIAGARA AND ERIE COUNTIES

EIN: 204596844 501(c)(3) Education

LOCKPORT, NY

Total Revenue
$155,858
Total Expenses
$162,820
Total Assets
$62,355
Net Assets
$52,529
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
STEVEN COTTEN
Phone
7164343196
Tax Period
2024-01-01 to 2024-12-31

CHALLENGER LEARNING CENTER OF ORLEANS NIAGARA AND ERIE COUNTIES, founded in 2006, is a small nonprofit in the Education sector that reported $156K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION IS A LIVING MEMORIAL DEDICATED TO EDUCATING STUDENTS IN SCIENCE, MATHEMATICS AND ENGINEERING. BORN OUT OF THE TRAGEDY THAT TOOK THE LIVES OF THE CHALLENGER CREW ON JANUARY 28TH, 1986, CHALLENGER LEARNING CENTERS WERE CREATED BY THE FAMILIES OF THE CREW AS A LIVING MEMORIAL TO THEIR SPIRIT OF EXPLORATION. THE FAMILIES KNEW THAT A LASTING MEMORIAL, DEDICATED TO EDUCATING STUDENTS IN SCIENCE, MATH, AND ENGINEERING, COULD PLAY A VITAL ROLE IN AMERICA'S FUTURE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,845
Program Service Revenue $85,507
Investment Income $3
Other Revenue $31,503
TOTAL REVENUE $155,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,459
Fundraising Expenses $0
Program Expenses $137,972
Other Expenses $89,361
TOTAL EXPENSES $162,820

Year-over-Year Comparison

2024 2023 Change
Revenue $155,858 $147,596 +0.1%
Expenses $162,820 $177,331 -0.1%
Net Income $-6,962 $-29,735 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
12
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
11
$25,090
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN COTTEN CHAIRMAN 2.00
Officer Director
$0 $0 $0
PATRICK W SCHRADER VICE CHAIRMA 2.00
Officer Director
$0 $0 $0
BRIAN D RUSK DIRECTOR 2.00
Director
$0 $0 $0
ROBERT VASKO DIRECTOR 2.00
Director
$0 $0 $0
RONALD FRANCO DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL TUCKER DIRECTOR 2.00
Director
$0 $0 $0
MARGARET WAGER DIRECTOR 2.00
Director
$0 $0 $0
THOMAS O'CONNOR DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL MORAN DIRECTOR 2.00
Director
$0 $0 $0
JESSICA MCCARTHY DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL SCHIAN EXECUTIVE DI 40.00
Director
$25,090 $0 $25,090
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $155,858 $162,820 $62,355 $-6,962
2023 $147,596 $177,331 $80,328 $-29,735
2022 $123,776 $165,368 $116,646 $-41,592
2021 $144,577 $159,794 $173,341 $-15,217
2020 $120,019 $156,725 $259,235 $-36,706
2019 $119,497 $153,715 $369,312 $-34,218
2018 $176,041 $132,384 $478,568 $43,657
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